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In June you are going to see moderate and stable growth in small businesses, says Paychex CEO Gibson
CNBC Television·2025-06-26 00:12

As I said, our our uh our client retention was actually up year-over-year. And I would say if you absent some anomalies we saw in the fourth quarter, which we'll I'll talk about, we would had a fabulous uh retention year. Uh so I think the value proposition we're delivering is fine.What we saw in the fourth quarter soon after liberation day was a spike in bankruptcies and financial distress in the micro segment. Think think entrepreneurs kind of small businesses. Now, what I will tell you that's not uncommo ...